Most analysts say Caterpillar is cheap

For this year Caterpillar 's revenue will be around 54,26 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2017's revenue of 45,46 billion USD.

Historical revenues and results Caterpillar plus estimates 2018

financial analysis

The analysts expect for 2018 a net profit of 6,97 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 11,65 USD. Based on this the price/earnings-ratio is 12,83.

Per share the analysts anticipate on a dividend of 3,22 USD per share. Thus the dividend yield equals 2,15 percent. The average dividend yield of the industrial companies equals a poor 1 percent.

Most recent target prices around 173 USD

Robert W. Baird, ABN AMRO and Barclays recently provided recommendations for the stock.

Based on the current number of shares Caterpillar 's market capitalization equals 87,66 billion USD. The Caterpillar stock was the past 12 months quite volatile. Since last October the stock is 19 percent higher. This year the stock price moved between 127 and 173 dollar. Since 2008 the stock price is almost 247 percent higher.

On Tuesday the stock closed at 149,46 USD.

Price data Caterpillar 2007-2018

financial analysis caterpillar News Wire & Equity Research: +31 084-0032-842

Copyright B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.